Today, we are being exposed to just one more example of how the pro-Trumpsters are making every effort to give Agent Orange (my favorite euphemism for Donald Trump) credit before it is earned. In this case, they are hailing Trump for the stock market bump since election day. Conservative economists who have always warned against … Read more
One of the reasons I started this blog was to force myself to think about things I did not understand. At the top of my current list is the question, “Why would the working, middle class expect an alleged billionaire (remember net worth is equal to assets MINUS liabilities) who has stiffed workers and … Read more
In a previous life, I served as director of economic development and commerce policy studies at the National Governors Association in Washington, DC. Among my responsibilities was organizing programs and events related to business, taxation and transportation during the association’s two annual meetings. These gatherings provided the governors an opportunity to share their perspectives and … Read more
Is it possible, a major segment of the American electorate has contracted Alzheimer’s disease? Yesterday, the Bureau of Labor Statistics reported the private sector created another 161,000 jobs in October. And the unemployment rate dropped to 4.9 percent. Equally important, average wages rose 2.8 percent compared to October 2015, the highest annual increase in more … Read more
SPOILER ALERT: At the end of the movie Catch Me If You Can, Leonardo di Caprio’s character Frank Abagnale, Jr., a master forger, ends up working for the FBI. Why? Because he knew the counterfeit game better than most of the other criminals the FBI pursued. I’ve been thinking about this movie a lot lately. Last … Read more